Mirum Pharmaceuticals (MIRM) Research & Development (2019 - 2026)
Mirum Pharmaceuticals (MIRM) reported Research & Development of $90.53 million for Q2 2026, up 96.5% from $46.07 million a year earlier but down 7.5% from the prior quarter.
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Analysis
Mirum Pharmaceuticals (MIRM) Research & Development (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mirum Pharmaceuticals' Research & Development came in at $282.51 million, up 73.5% year-over-year; for FY2025, it came in at $186.18 million, up 32.4% from FY2024.
- Research & Development has a five-year compound annual growth rate of 17.9% (FY2020 to FY2025).
- By year, Research & Development came in at $140.63 million in FY2024 (+37.1%), $102.61 million in FY2023 (-4.0%), $106.84 million in FY2022 (-18.7%) and $131.43 million in FY2021 (+61.1%).
- Five-year quarterly Research & Development spans a low of $22.01 million in Q2 2023 and a high of $97.91 million in Q1 2026.
- Year over year, Research & Development has now increased in each of the last ten quarters, with growth averaging 52.3% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q1 2026 (growth of 138.5%); the low point was Q1 2022 (a decline of 36.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $97.91 million (Q1 2026), $51.11 million (Q4 2025) and $42.96 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 3.65 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 2.34 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 9.74 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -2.85 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -4.05 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 1.87 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.76 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.81 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 993.80 Mn |
| 10 | Mirum Pharmaceuticals | 5.70 Bn | 4.11 Bn | 145.90 Mn | 90.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.53 Mn |
| Mar 31, 2026 | 97.91 Mn |
| Dec 31, 2025 | 51.11 Mn |
| Sep 30, 2025 | 42.96 Mn |
| Jun 30, 2025 | 46.07 Mn |
| Mar 31, 2025 | 41.04 Mn |
| Dec 31, 2024 | 44.03 Mn |
| Sep 30, 2024 | 31.71 Mn |
| Jun 30, 2024 | 32.67 Mn |
| Mar 31, 2024 | 32.22 Mn |
| Dec 31, 2023 | 30.94 Mn |
| Sep 30, 2023 | 26.12 Mn |
| Jun 30, 2023 | 22.01 Mn |
| Mar 31, 2023 | 23.55 Mn |
| Dec 31, 2022 | 31.11 Mn |
| Sep 30, 2022 | 26.22 Mn |
| Jun 30, 2022 | 25.43 Mn |
| Mar 31, 2022 | 24.09 Mn |
| Dec 31, 2021 | 27.78 Mn |
| Sep 30, 2021 | 30.47 Mn |
API Access
Mirum Pharmaceuticals Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=MIRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MIRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=MIRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();